Menu
Finance

Leeds Rhinos Remain Super League's Most Profitable Club Despite '16 Struggles

Rugby club Leeds Rhinos remains "the most profitable" in Super League despite last season's "hugely disappointing campaign," according to the YORKSHIRE EVENING POST. Team owner Leeds Cricket, Football & Athletic Company Ltd. published its annual accounts for the '16 season, with the club "once again making a six-figure profit in the face of what turned out to be a challenging year on and off the pitch." The previous season, '15, had been a "record-breaking year" for the Rhinos. The "combination of losing influential players to retirement," long-term injuries to many players and the loss of the use of the training ground and facilities for a long period due to flooding proved "sizeable hurdles to overcome." Despite "all this adversity, the accounts show that it was the sixth consecutive season the club has made a profit" and the 13th time in 15 years. Operationally, turnover in '16 fell by 13.47%, "in the main due to the absence of significant prize money" and the level of retail sales during the previous year. Corporate sales "enjoyed another good year" and the World Club Challenge generated a "one off" source of income similar to the int'l friendly against New Zealand the previous year (YORKSHIRE EVENING POST, 8/9).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2017/08/11/Finance/Leeds-Rhinos.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2017/08/11/Finance/Leeds-Rhinos.aspx

CLOSE